Was listed for:Terminated Jan 24, 2025
$1,288,800

517489 County 124 Road

Melancthon (Rural Melancthon), ON L0N 1S7

Farm TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 517489 County 124 Road, Melancthon, Rural Melancthon

2025-01-19
2025-01-24
Terminated
Price
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MLS#
x11930907

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 517489 County 124 Road, Melancthon, Rural Melancthon

Looking for a farm with endless potential? This 49.44-acre property is located in a prime location on the main Rd Dufferin County Rd 124, just 7 minutes north of the town of Shelburne. With approximately 45 acres of workable farmland, this property is perfect for those looking to expand their agricultural operations or start a new venture. Zoned agricultural, it offers numerous possibilities for farming, gardening, or building your dream house.While the house on the property is being sold "as-is, where-is", the real value lies in the land. This is a fantastic opportunity to own a large tract of land in a desirable location with excellent accessibility. Whether you're a seasoned farmer or looking to invest in the future, this property is a must-see!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,867
Land Transfer Tax Fee
$22,251

Rental Items

Rental Equipment
NONE

Basement Type
Walk-Up, Unfinished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Farm
Building Style
2-Storey

Construction

Exterior Finish
Stucco (Plaster)
Special Designation
Unknown

Lot

Lot Front
49.44 ft
Lot Depth
49.44 ft

Parking & Garages

Garage Spaces
0
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Oil
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Available
Cable
No
Telephone
Available

Washrooms

  • —-piece

Municipality
Melancthon
Neighbourhood
Rural Melancthon
Main cross streets
Dufferin Rd 124 / Side Road 15
Zoning
Agricultural Zoning
Waterfront
None

MLS® number
X11930907
Data source
Toronto Regional Real Estate Board
Status change
2025-01-24
Listed on
2025-01-19
Days on market
5 days
Possession type
As Soon As Possible
Co-op commission
2.5%
Seller
Listed by
CENTURY 21 GREEN REALTY INC.

Home Market Value

Current home valuation for 517489 County 124 Road, Melancthon, Rural Melancthon, Melancthon, ON. Listed for $1,288,800

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Estimated Sales Range

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HOMEH Estimate for 517489 County 124 Road, Melancthon, Rural Melancthon

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Melancthon, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $788,800 over $500K

Minimum down payment

$103,880

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$47,376$35,958$30,673$0
=Total mortgage
$1,231,783$1,195,878$1,126,153$1,031,040
Amortization
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=Mortgage payment
$6,014monthly$5,839monthly$5,498monthly$5,034monthly
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Land Transfer Tax

Provincial

$22,251

Total Land Transfer Tax

$22,251

Around this home

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0/100Minimal Transit
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